AVZ Discussion 2022
- Thread starter GazDix
- Start date
Hodlandwin69
Regular
Chuck in AVZ Power, and the other lot for fun
I asked the same question a couple of days ago, but got no response. I asked two AI websites for their interpretation, and this is the consensus:
CATH's joint ownership is neither a traditional joint venture nor a partnership. It is a collaborative ownership arrangement between Mr. Pei Zhenhua and CATL (my bold).
I understand that 50/50 can be inferred, but it is not expressly stated anywhere that I can find.
Cheers
F
Winenut
GO AVZ!!!!
pretty much what I came to
The 50/50 is just what i'm running with now in the absence of any better info
Winenut
GO AVZ!!!!
For the exercise it doesn't matter "too" much at the moment
Nevertheless understanding who has real control in CATH does tell us who has real control in the decision making concerning its interest and holding in GLH
Xerof
Flaming 1967
Yes, important. No mention of which ones, but you’d expect Power, and those logistics companies to be moved under GLH
Xerof
Flaming 1967
Ask Shane, he’s great at discovering things on Chinese websites
We could always offer to negotiate an MOU for it.....
cruiser51
Top 20
Shane is out of the picture, Shane is still stuck in 2018.
It hasn't clicked with him yet that it is 2025.
Remark
Top 20
Classic, I hope Shane lurks here, it sucks to be you Shane
I'm stuck in 5th April 2022.
Share price was at or near its all time high.
My wife told me to sell.
I held.
Now my wife keeps taking me back to that date.
Interesting post on hotcrapper, surprised no one picked it up.My plums have morphed into avocados, and they are ripening by the hour
and to @whales PAZBOZ, I had missed your input over on the crapper, but here you have been all the time. Should have guessed with whales as your nick. I think we traded whale memes in days gone by
ZIJIN OUT ?
I tend to agree with Carlos that 13359 will be split so that Zijin can mine the northern portion but you never know the DRC may cancel the illegal mining licence given to Manono Lithium in favor of a battery hub.
Amovatio
155 Posts.1,675
Date:14/01/25Time:13:49:36Post #:77398366
oxxa23
Regular
I'm hoping that if there's any chance of avz selling out all together that they're looking at tax strategies... more specifically whether they can work out a way for shareholders to be selling shares and accessing cgt discount...rather than avz selling the project or its shares in glh etc.
Nothing obvious comes to mind however...
Nothing obvious comes to mind however...
Sorry here is the full post
Guys,
There is nothing in the announcement which suggests AVZ has dropped the litigation because of negotiations with the DRC. What was stated is that AVZ has a revised JV and new funding arrangement with CATH and no longer needs to draw upon the Locke Litigation funding facility.
Lets not forget who is funding and running the DRC's legal process. The corrupt Zijin Mining Group and its lawyers who have been collaboratively working with Cominiere. This bunch of criminals don't get a seat at the negotiation table with CATH, AVZ and the DRC Govt.
The restructured partnership with CATH is the window for the DRC to accelerate the development of the Manono project as well as validate AVZ's legal claims and strategy. The DRC wants to build the Mine and get this into production in 2026. This new arrangement is the only way of achieving this. The Litigation process will delay this indefinitely and be enormously costly to the DRC along with the ongoing demise in their reputation.
Also, to cancel the Arbitration process would be to allow Cominiere and the DRC to walk away without any penalties being imposed. At the very least the $Millions they owe us should be an integral part of any negotiation up and until the final date (target date Feb 7) by which the fees are required to be paid for the ICSID Tribunal hearing, scheduled for June.
The Pre completion funding agreement stipulates the Drawdowns are scheduled by end of January. This is for the Litigation process. AVZ and CATH are committed to moving forward with this process if this is needed to get action to take place. The completion of the drawdowns is scheduled in December 2026 as part of the funding agreement. This is firmly stated. There is no compromise on this strategy.
So the fines which have been increasing each day on the DRC, and now amount to in excess of $70M are not going to be waived.
The DRC needs to get its act together swiftly before the end of January and advance the negotiations to grant the Mining Licence to Dathcom (AVZi) now or risk it all at the ICSID Arbitration hearing. It is the only way the Manono Project (area covered by PR 13359) is going to get off the ground and be operational before 2027. Zijin will definitely not be part of this outcome.
Guys,
There is nothing in the announcement which suggests AVZ has dropped the litigation because of negotiations with the DRC. What was stated is that AVZ has a revised JV and new funding arrangement with CATH and no longer needs to draw upon the Locke Litigation funding facility.
Lets not forget who is funding and running the DRC's legal process. The corrupt Zijin Mining Group and its lawyers who have been collaboratively working with Cominiere. This bunch of criminals don't get a seat at the negotiation table with CATH, AVZ and the DRC Govt.
The restructured partnership with CATH is the window for the DRC to accelerate the development of the Manono project as well as validate AVZ's legal claims and strategy. The DRC wants to build the Mine and get this into production in 2026. This new arrangement is the only way of achieving this. The Litigation process will delay this indefinitely and be enormously costly to the DRC along with the ongoing demise in their reputation.
Also, to cancel the Arbitration process would be to allow Cominiere and the DRC to walk away without any penalties being imposed. At the very least the $Millions they owe us should be an integral part of any negotiation up and until the final date (target date Feb 7) by which the fees are required to be paid for the ICSID Tribunal hearing, scheduled for June.
The Pre completion funding agreement stipulates the Drawdowns are scheduled by end of January. This is for the Litigation process. AVZ and CATH are committed to moving forward with this process if this is needed to get action to take place. The completion of the drawdowns is scheduled in December 2026 as part of the funding agreement. This is firmly stated. There is no compromise on this strategy.
So the fines which have been increasing each day on the DRC, and now amount to in excess of $70M are not going to be waived.
The DRC needs to get its act together swiftly before the end of January and advance the negotiations to grant the Mining Licence to Dathcom (AVZi) now or risk it all at the ICSID Arbitration hearing. It is the only way the Manono Project (area covered by PR 13359) is going to get off the ground and be operational before 2027. Zijin will definitely not be part of this outcome.
DiscoDanNZ
Regular
I might need to take another trip to Kalgoorlie and help them move out, I'll take the sign as a little memento.
Hodlandwin69
Regular
Brah, we're going mining
Why would you think that , the writing is on the wall , I think if all shareholders are offered 50c well most would want to go mining as its worth a lot more offer $2 possibly not . OR what do you think the share price could be for all of us to go away ??Brah, we're going mining
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